China Extends Waiver on Port Construction Fees

June 24, 2020

© William Messing / Adobe Stock
© William Messing / Adobe Stock

China’s Ministry of Finance said on Wednesday it would extend a waiver on port construction fees for imported and exported cargoes until the end of 2020 from June 30.

The ministry will also extend a reduction in fees paid to the compensation fund for ship pollution until the end of this year.

The move is part of Beijing’s efforts to help business resume amid the coronavirus pandemic and to shore up its export industry.


(Reporting by Muyu Xu and Beijing Newsroom; Editing by Christian Schmollinger)

Logistics News

Port Houston Celebrates Best Year Yet

Port Houston Celebrates Best Year Yet

Panama Ports Will Operate Undisrupted Despite CK Hutchison Ruling

Panama Ports Will Operate Undisrupted Despite CK Hutchison Ruling

Panama Court Quashes CK Hutchison Port Contracts

Panama Court Quashes CK Hutchison Port Contracts

IMO Sub-Committee on Ship Design and Construction Holds 12th Session

IMO Sub-Committee on Ship Design and Construction Holds 12th Session

Subscribe for Maritime Logistics Professional E‑News

Historic Alexandria tramway to close ahead of contested overhaul
Carney expects the US administration to respect Canadian sovereignty
Major airlines ask Congress to pay air traffic control officers if the government shuts down